RIL Q2 Profit Expected to Rise on Oil-to-Chemicals Growth
Reliance Industries is projected to report a 15-17% year-on-year increase in EBITDA for the September quarter, driven by a strong recovery in its oil-to-chemicals (O2C) business. Improved refining margins, higher throughput, and a weaker rupee are expected to offset weaker retail and oil and gas segments. Investors will focus on O2C profitability, Jio Platforms' earnings, and retail margins in the results.
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